Canadian regulator seizes assets of Toronto branch of Silicon Valley Bank

7 hours agoSpeaking at the White House on Monday morning, President Biden addressed what his administration has done after two banks — Silicon Valley Bank and Signature Bank — were closed by bank regulators. Biden said, “Americans can rest assured that our banking system is safe. Your deposits are safe.”Canadian index funds like iShares S&P/TSX 60 Index Fund are looking good at today's prices.

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Canadian regulator takes control of Silicon Valley Bank's Canadian branchA Canadian banking regulator on Sunday said it was taking temporary control of Silicon Valley Bank’s unit in the country, as the fallout from the collapsed…
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OSFI seizes control of Silicon Valley Bank's Canadian assetsSVB did not have a banking licence in Canada but operated as a foreign bank branch. The regulator says it is protecting creditors.
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OSFI seizes control of Silicon Valley Bank's Canadian assetsSVB did not have a banking licence in Canada but operated as a foreign bank branch. The regulator says it is protecting creditors.
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